Comparison between ASK Automotive IPO and Gandhar Oil Refinery IPO.
ASK Automotive IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gandhar Oil Refinery IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ASK Automotive IPO is up to ₹833.91 Cr whereas the issue size of the Gandhar Oil Refinery IPO is up to ₹500.69 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Gandhar Oil Refinery IPO is ₹169.00 per share.
| ASK Automotive IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹268.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹282.00 per share | ₹169.00 per share |
| Issue Price (Final) | ₹282.00 per share | ₹169.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 53 shares | 88 shares |
| Fresh Issue Size | 0 shares | 1,78,69,822 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹302.00 Cr |
| OFS Issue Size | 2,95,71,390 shares | 1,17,56,910 shares |
| OFS Issue Size (Amount) | up to ₹833.91 Cr | up to ₹198.69 Cr |
| Issue Size Total | 2,95,71,390 shares | 2,96,26,732 shares |
| Issue Size Total (Amount) | up to ₹833.91 Cr | up to ₹500.69 Cr |
ASK Automotive IPO opens on Nov 07, 2023, while Gandhar Oil Refinery IPO opens on Nov 22, 2023. The closing date of ASK Automotive IPO and Gandhar Oil Refinery IPO is Nov 09, 2023, and Nov 24, 2023, respectively.
| ASK Automotive IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2023 | Nov 21, 2023 |
| Issue Open | Nov 07, 2023 | Nov 22, 2023 |
| Issue Close | Nov 09, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Nov 10, 2023 | Nov 28, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 29, 2023 |
| Credit of Share (Tentative) | Nov 13, 2023 | Nov 29, 2023 |
| Listing date (Tentative) | Nov 15, 2023 | Nov 30, 2023 |
| Anchor Lockin End date 1 | Dec 10, 2023 | Dec 28, 2023 |
| Anchor Lockin End date 2 | Feb 08, 2024 | Feb 26, 2024 |
ASK Automotive IPO P/E ratio is 45.63, as compared to Gandhar Oil Refinery IPO P/E ratio of .
| ASK Automotive IPO | Gandhar Oil Refinery IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Proforma Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 87.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 45.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5559.00 Cr. | ₹1654.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.28% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.49 | 0.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.18 | ₹23.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.10% | 32.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ASK Automotive IPO Retail Individual Investors (RII) are offered 1,03,49,987 shares while in Gandhar Oil Refinery IPO retail investors are offered 1,03,49,987 shares. Qualified Institutional Buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 59,25,347 shares in Gandhar Oil Refinery IPO.
| ASK Automotive IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Anchor Investor Reservation | 88,71,416 shares | 88,88,018 shares |
| Market Maker Reservation | ||
| QIB | 59,14,278 shares | 59,25,347 shares |
| NII | 44,35,709 shares | 44,44,010 shares |
| RII | 1,03,49,987 shares | 1,03,69,357 shares |
| Employee | ||
| Others | ||
| Total | 2,95,71,390 shares | 2,96,26,732 shares |
ASK Automotive IPO subscribed 51.14x in total, whereas Gandhar Oil Refinery IPO subscribed 65.63x.
| ASK Automotive IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| QIB (times) | 142.41x | 129.06x |
| NII (times) | 35.47x | 64.34x |
| Big NII (times) | 41.13x | 61.93x |
| Small NII (times) | 24.16x | 69.17x |
| RII (times) | 5.70x | 29.93x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 51.14x | 65.63x |
